Where could an $800,000 property budget deliver strong value, rental returns and convenient CBD access?
Using PropertyDirector’s PropertyFinder, we searched for suburbs with:
* $300K - $800K budget
* 4% - 7% rental yield
* Maximum 1% vacancy rate
* Population of 4,000+
* Within 50km of a CBD
Nollamara, WA stood out, with a median asking house price of $799,223, rental yield of 4.89% and vacancy rate of just 0.27%.
We then identified a current three-bedroom, free-standing house listed at $699,000, with estimated rent of $700 per week - an approximate gross yield of 5.21%.
PropertyFinder helps investors quickly screen thousands of suburbs, refine their criteria and uncover property-specific opportunities.
Access PropertyFinder with the PropertyDirector Professional Plus Plan for $89/month.
Learn more: https://www.propertydirector.com.au/choose-plan
Figures and listings are indicative and may change. Independent due diligence is recommended.
